66. Any balance remaining available after the first day of October, of the $100 000 appropriated for the payment of the grant in favor of agricultural societies and farmers’ clubs shall be wholly or in part applied towards the establishment of an experimental station or any other agricultural purposes, in the discretion of the Minister of Agriculture, Fisheries and Food.
The Minister may employ this balance, wholly or in part:
(1) To make loans to an agricultural society or a farmers’ club or other agricultural association for the purchase of registered brood animals or for any other agricultural purpose;
(2) To import or buy thoroughbred brood animals, which it may sell by auction to societies, clubs or private persons, on condition that the buyers shall be bound to keep such animals for breeding in Québec during the time to be fixed by the Minister.
The Minister may make such loans and sell such animals upon the conditions and with the delays which he may think proper, and may receive payment of such loans and of the purchase price of such animals when they become due; and shall thereupon employ such money for the purposes mentioned in this section.
R. S. 1964, c. 112, s. 66; 1979, c. 77, s. 21.